Remove Inspection Remove Marketing Remove Short sale Remove VA loan
article thumbnail

Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

article thumbnail

13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. They assist in searching for suitable properties, arranging viewings, and providing expert advice on market conditions, pricing, and negotiation strategies.

article thumbnail

Selling a House ‘As Is’ in Minnesota

HomeLight

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

As-is 87
article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus did advise her client to contact a junk removal company to clear out the house, but that was the only preparation made before the house hit the market. “[The HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. 359,600 (April 2022).

As-is 79
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met.

article thumbnail

How to Buy a Preforeclosure Successfully: A 13-Step Beginner’s Guide

HomeLight

A preapproval will also help you be as competitive as possible in a hot market. If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important. Try to get as much info as you can on the current market, too.